Bajaj Allianz Corporate Update

34.19%2 Bajaj Auto Limited (Listed) Auto Business Arm Bajaj Group Structure Bajaj Holdings & Investment Limited (Listed) B FINSERV BAJAJ 39.12%¹ 51% Maharashtra Scooters Limited (Listed) Bajaj Finserv Limited (Listed) Financial Services Arm 52.45%³ 74% Bajaj Allianz General Insurance Bajaj Finance Limited (Listed)* Limited 74% Bajaj Allianz Life Insurance Limited Auto spare parts Manufacturer 80.13% 100% Bajaj Finserv Direct Limited Bajaj Finserv Health Limited 100% 100% Bajaj Housing Finance Limited Bajaj Financial Securities Limited 1. 2. 3. 60.79% holding via promoter holding & promoter group 54.99% holding via promoter holding & promoter group 55.87% holding via promoter holding & promoter group Apart from these, Bajaj Finserv (BFS) also has two other fully-owned subsidiaries - BFS Asset Management Company (Bajaj AMC, which has started operations and has launched its first fund in Q1 FY24) and BFS Ventures (BFSV) Bajaj Housing Finance Limited (BHFL) is a 100% subsidiary of BFL which became fully operational in Feb 2018. Bajaj Financial Securities Limited (BFSL) is 100% subsidiary of BFL which became fully operational in Aug 2019 Maharashtra Scooters Limited (MSL) is termed as an unregistered Core Investment Company. Note: Shareholding is as of 31 March 2023. 2

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